The Lucas-hathaway Charitable Trust

BLACKSBURG, VA EIN: 54-6275432

Education Environment Health Diseases and conditions

The Lucas-hathaway Charitable Trust is a private foundation focused on Education, based in BLACKSBURG, VA. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $413K in total assets. In 2024, it awarded 3 grants totaling $14K. Net investment income was $12K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$413K

+13.3% YoY

Annual Giving

$14K

-36.2% YoY

Grant Count

-25.0% YoY

Avg Grant Size

$5K

-14.9% YoY

Under IRS private-foundation payout rules, The Lucas-hathaway Charitable Trust reported a distributable amount of $37K for 2024 — the minimum it must pay out in qualifying distributions.

About The Lucas-hathaway Charitable Trust

Based on IRS filings

Focus Areas

Education Environment Health Diseases and conditions

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Virginia $74K (98%)

Tennessee $1K (1%)

Colorado $356 (0%)

States

Colorado Tennessee Virginia

Cities

BlacksburgBrentwoodMonumentSalem

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$413,198	$364,744	$393,373
Revenue	$12,488	$-27,176	$13,180
Expenses	$14,402	$23,731	$20,648
Qualifying Distributions	$14,221	$23,731	$18,780
Net Investment Income	$12,473	$13,046	$5,208
Distributable Amount	$37,410	$17,727	$19,727

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 3 recipients in 2024

Grant Size Distribution

12 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Roanoke College ($13,000), Virginia Tech Foundation ($1,000), Gem ($206).

Recipient	Purpose	Amount
Roanoke College SALEM, VA	EDUCATIONAL OPPORTUNITIES FOR STUDENTS. INTERNSHIPS.	$13,000
Virginia Tech Foundation Blacksburg, VA	EDUCATIONAL OPPORTUNITIES AND INTERNSHIPS FOR STUDENTS AT HAHN GARDEN. AWARD FOR ACADEMIC EXCELLENCE DMME.	$1,000
GEM Monument, CO	EDUCATIONAL OPPORTUNITY.	$206

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
Eric S Lucas	Trustee	10	—
Charlotte B Lucas	Porfolio Manager and Trustee	20	—
Jay H Lucas	Trustee	—	—

Subject Areas

Focus areas based on grantmaking activity

Education Environment Health Diseases and conditions

Frequently Asked Questions

What is The Lucas-hathaway Charitable Trust?

The Lucas-hathaway Charitable Trust is a private foundation focused on Education, based in BLACKSBURG, VA. It holds $413K in total assets as of 2024.

How large is The Lucas-hathaway Charitable Trust?

As of 2024, The Lucas-hathaway Charitable Trust holds $413K in total assets with $12K in annual revenue. It awarded 3 grants totaling $14K in 2024.

Where does The Lucas-hathaway Charitable Trust operate?

The Lucas-hathaway Charitable Trust has awarded grants in Colorado, Tennessee, Virginia.

What size grants does The Lucas-hathaway Charitable Trust award?

In 2024, The Lucas-hathaway Charitable Trust awarded 3 grants totaling $14K — an average of about $5K per grant, based on its IRS Form 990 filings.

How much is The Lucas-hathaway Charitable Trust required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, The Lucas-hathaway Charitable Trust reported a distributable amount of $37K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is The Lucas-hathaway Charitable Trust's EIN?

The Lucas-hathaway Charitable Trust's EIN (Employer Identification Number) is 54-6275432. IRS Form 990 filing data is available on this page for 2021–2024.